Replies to post #89 on Astra Space Inc (ASTR)

[santafe2]

Deutsche Bank is covering ASTR with a target of $13 a share. Current enterprise value is ~$3B with a market cap of $2.7B. The market cap has some risk built into the price. A successful launch at the end of the month should relieve some of that pricing pressure.

Q2 conference is on tap tomorrow at 1:30 Pacific.

Link To ASTR Q2 Conference Call

[lilLu]

First we need the test payload to be successful. Then RS1 needs to reach orbit. We still have to deploy a satellite. Then we have to win the orders from Space Force by competing for them. Those have to be successful and then we can start gaining some big money contracts. Imagine working with Northrop or collaborating with Lockheed. The Department of Defense wants Astra Space! Dope!
ASTR